Fintech News

FEBRUARY 10, 2025

With Agentic AI systems processing vast amounts of sensitive financial data, including personal and transaction details, regulators must ensure that these systems comply with stringent data protection laws, such as GDPR or CCPA. Also, the autonomous nature of the AI means decision-making is often removed from human oversight.

AI 73

AI FinTech Fraud Detection Fraud Prevention 73

VISTA InfoSec

JULY 17, 2024

The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Outline regular audit processes to check compliance with these policies. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must.

Cybersecurity 238

Cybersecurity Compliance Encryption Best Practices 238

VISTA InfoSec

SEPTEMBER 14, 2023

data privacy laws such as the CCPA and CDPA, which have thresholds based on company size or revenue, the GDPR does not impose such limitations. EU citizens in the US are protected by US federal and state laws like CalOPPA, COPPA, CCPA, and CDPA. GDPR and U.S. Data Controller Classification: This implies that any U.S.-based

Compliance 130

Compliance Privacy Legal Processors 130

VISTA InfoSec

OCTOBER 21, 2024

The EU has GDPR , while the US sticks to HIPAA for health data and CCPA in California for consumer privacy. Outline regular audit processes to check compliance with these policies. Navigate legal and regulatory frameworks Dealing with laws and rules about cybersecurity in different countries is a must.

Cybersecurity 147

Cybersecurity Compliance Encryption Best Practices 147

Payment Savvy

MAY 10, 2024

Compliance Plaid adheres to data protection regulations like GDPR and CCPA, as well as financial industry standards such as PCI DSS. Regular Audits The application conducts routine security audits and assessments to identify and rectify vulnerabilities.

Payment APIs and Integration 52

Payment APIs and Integration Venmo Privacy Credential 52

FloQast

OCTOBER 27, 2023

Plus, it captures audit evidence at the source, eliminating duplicate audit activities and complexity. You can get a demo and see how to stay audit-ready, reduce risk, and save time. In 2022, the Securities and Exchange Commission (SEC) levied $1.1 The post What is Compliance Management? appeared first on FloQast.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

FloQast

JANUARY 22, 2024

For example, grocery technology company Instacart moved from using Google Sheet checklists for month-end Close to an automated system that provided a complete audit trail of changes. The traditional method also has a lot of paper documentation to use as an audit trail. And the audit trail is also attached and quickly recovered.

Automation 52

Automation Reconciliation Audit Accounts 52

Nanonets

NOVEMBER 15, 2023

Automate reporting and audit trails With paper-based systems, these tasks often require more time and effort. Maintaining a clear audit trail is also a challenge, as it's easy to lose track of paper documents. Whether it's month-end closing, auditing, or financial forecasting, you can instantly access the data you need.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Stax

MARCH 6, 2024

This includes encryption and tokenization of payment data, secure storage practices, and regular security audits.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

Nanonets

SEPTEMBER 5, 2023

You can automate the entire process from extraction, verification, and validation to creating audit trails, processing payments, or any other operation. It also respects data privacy regulations like GDPR and CCPA. What’s more, Nanonets comes with pre-built, low-code automation workflows.

AI 52

AI Process Encryption Automation 52

Stax

OCTOBER 3, 2024

Regular audits: Regular security audits help in identifying potential vulnerabilities and assessing the effectiveness of current security measures. Other vital security considerations include the encryption of data, implementing strict access controls, conducting regular security audits, and maintaining regular data backups.

CRM 88

CRM Small Business Automation Compliance 88

Basis Theory

FEBRUARY 25, 2025

trillion in 2025, and the increasing number of data privacy regulations, like CCPA and the GDPR, businesses need to use confidential information intelligently. Depending on the type of data being held and its usage, this could cost hundreds of thousands of dollars to build, maintain, and audit.

Encryption 100

Encryption Origination CCPA Returns 100

Segpay

DECEMBER 19, 2024

Simplified Compliance Compliance with data protection regulations, such as the EUs General Data Protection Regulation ( GDPR ) and Californias Consumer Privacy Act ( CCPA ), is a critical concern for organizations handling personal and sensitive information.

Verification 104

Verification Authentication MFA Compliance 104